Using Ford Motor Company, give examples of possible vertical integration
What will be an ideal response?
Ford Motor Company may move "upstream" in the industry value chain by purchasing its own glass manufacturer
or tire manufacturer. It may move "downstream" in the value chain by owning its own dealerships. Either one of
these is an example of vertical integration.
Business
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In MBO, goals are established for departments and units rather than for individual employees.
a. true b. false
Business
When Honda expanded its brand into such areas as automobiles, snow blowers, and marine engines, it was pursuing a strategy called line extension
Indicate whether the statement is true or false
Business